SPDR Gold MiniShares Trust $GLDM is Abound Financial LLC’s 10th Largest Position

Abound Financial LLC reduced its position in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 11.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 105,603 shares of the company’s stock after selling 13,119 shares during the period. SPDR Gold MiniShares Trust makes up about 3.2% of Abound Financial LLC’s portfolio, making the stock its 10th biggest holding. Abound Financial LLC’s holdings in SPDR Gold MiniShares Trust were worth $8,073,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Mission Wealth Management LP acquired a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth $2,539,000. Peak Retirement Planning Inc. boosted its holdings in SPDR Gold MiniShares Trust by 4,061.5% in the 3rd quarter. Peak Retirement Planning Inc. now owns 174,116 shares of the company’s stock valued at $13,311,000 after purchasing an additional 169,932 shares in the last quarter. Buck Wealth Strategies LLC boosted its holdings in SPDR Gold MiniShares Trust by 9.1% during the third quarter. Buck Wealth Strategies LLC now owns 152,647 shares of the company’s stock worth $11,670,000 after buying an additional 12,680 shares in the last quarter. Atlantic Union Bankshares Corp increased its holdings in SPDR Gold MiniShares Trust by 101.3% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 952 shares of the company’s stock valued at $73,000 after acquiring an additional 479 shares in the last quarter. Finally, Jones Financial Companies Lllp increased its position in SPDR Gold MiniShares Trust by 21.0% during the 3rd quarter. Jones Financial Companies Lllp now owns 56,842 shares of the company’s stock worth $4,240,000 after purchasing an additional 9,860 shares in the last quarter.

Key SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Gold and silver staged a technical rebound after two sessions of heavy selling, with dip-buying and renewed buyer interest supporting prices — a direct tailwind for GLDM. Gold, Silver Bounce Back After Sharp Selloff
• Positive Sentiment: Analysts and outlets note that the thematic drivers for gold (central bank demand, safe-haven flows) remain intact despite the rout, bolstering the case for a continued recovery in gold-linked ETFs like GLDM. Gold and silver rebound after historic wipeout as analysts say thematic drivers stay intact
• Positive Sentiment: Major banks remain bullish on longer-term gold prices — J.P. Morgan reiterated a multiyear price outlook that implies substantially higher gold averages, which supports demand for physical-gold ETFs such as GLDM. J.P. Morgan expects gold prices to reach $6,300/oz by end 2026
• Neutral Sentiment: Demand for tokenized (digital) gold is rising amid the recent price surge, which could broaden investor access to gold exposure and indirectly support GLDM flows — but experts warn tokenized gold carries custody and regulatory risks that differ from physical-ETF ownership. Precious metal price fluctuations could test fast-growing gold token market
• Negative Sentiment: Political and Fed-driven volatility remains a near-term downside risk — markets previously dumped gold after President Trump’s Fed nominee stoked expectations for tighter policy and a stronger dollar, which can pressure GLDM when rate and dollar moves dominate sentiment. Trump’s Fed Pick Is Spooking Markets. Why Stocks, Bitcoin, Gold Are Reacting to Warsh.

SPDR Gold MiniShares Trust Price Performance

Shares of NYSEARCA GLDM opened at $91.99 on Tuesday. SPDR Gold MiniShares Trust has a 52-week low of $55.72 and a 52-week high of $109.74. The firm has a fifty day moving average of $88.91 and a 200-day moving average of $79.17.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.